Thursday, 17 November 2011

Case Study - RCECAP


1. Trendline: sideway (neutral)
2. BB breakout (bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: bullish crossover (bullsih)
5. RSI: breakout 50%, pending 70% breakout (neutral)
6. Sto: 50% breakout, pending 80% & bullish crossover (neutral)
7. Volume distribution: high buying pressure (bullish)


conclusion: 4 bull 3 neutral

position: long
entry price: 0. 51
profit taking: 0.535, 0.56, 0.60
cut loss: 0.475

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